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Gold/Mining/Energy : Abitibi Mining
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To: crgreen who wrote (2)1/5/1997 6:05:00 PM
From: Essam Hamza   of 96
 
Hello CGreen,

Sedex and Abitibi share most of their properties. You are absolutely right when you say that Sedex has Oka and Abitibi has Timmin's. Both will be heating up in the next couple of months.

I own only ABB right now but I've wanted to pick up some SDN for some time. The current excitement is with SDN at their Oka property. There is more over there than they are letting on right now. Not sure when they will release this news.

The Timmin's camp is starting to move. If you check out NVE, BLKP, and LRDR you will know what I mean. There is also the strong rumour that Band-Ore is about to be taken out by a major. Any bidding war and exposure will bring good news to ABB.

I also know for a fact that ABB/BAN have been drilling the 144 property next to BAN's discovery site before the holidays. I was told by the IR person at that time to expect more news after the holidays. I am quite pleased that they chose not to release any news during the holiday season as it would have been wasted.

The Tannahill project looks VERY encouraging. While everyone was focusing in on Timmin's, ABB/SDN have been quitely buying up land around their most recent discovery. This property will be getting alot of attention in '97. Again, It's IMO that there is alot more here than they are letting on.

If I were in your choose (pun intended) I put half my money into each stock. SDN @ .70-.80 and ABB at .60-.70 are very safe entry points at this time of the year. I am quite confident Timmin's and Oka will make you happy and Tannahill will be the kicker.

Good Luck,

Essam.
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